Property Valuations for Estate Settlement by Bear Rock Appraisal

Estate settlement is often stressful, but a very important job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and respectfully as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone involved.

Attorneys and accountants depend on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. There are specific needs for everyone; we comprehend these necessities and are acclimated to working with all parties involved. In relation to our experience in dealing with attorneys and accountants and various agencies, we provide appraisal reports that always exceed all expectations.

Settling an estate generally demands an appraisal to determine fair market value for the property affected. We empathize that in this time of loss, even thinking about an appraisal is the furthest thought from your mind. Due to this, often the time of death differs from the date the appraisal is required. We are accustomed to the procedures and requirements obligatory to supply a retroactive appraisal with an effective date and fair market value estimate matching the exact date you suffered the loss of your loved one. The ethical obligations stated within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps us to confidentiality, guaranteeing the highest degree of privacy for you.

People often forget that the IRS needs documents filed to show the numbers involved in estate sales.

One of the most significant requirements in an appraisal is an appraiser-backed opinion of value in a detailed reason as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the IRS that the numbers used are accurate and correct.

Bear Rock Appraisal will provide an well-founded report, which will provide an executor definite facts and numbers that will meet IRS and revenue agency requirements. You need not stress over anything, because we will be there to back up our appraisals if they are ever refuted.

An exhaustive report showing the appraiser's opinion of value is required to support the methods the appraiser used to come to his conclusions.